JK Agri Genetics Ltd — Important, 04-02-2026: Company Update

JK Agri Genetics Ltd. has initiated legal proceedings to recover an advance payment from a production agreement. The company paid an advance of 0.68 Cr but the counterparty supplied seeds worth only 0.07 Cr, failing to refund the balance of 0.61 Cr. After issuing a legal notice without a response, the company has filed an application with the Hon’ble High Court of Telangana for the appointment of an Arbitrator to resolve this dispute. The total claim, including interest, is 0.64 Cr, representing funds the company seeks to recover.